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investors

AMC courts Reddit crowd again after hedge fund share deal
Business & Finance

AMC courts Reddit crowd again after hedge fund share deal

  • Mudrick Capital Management bought 8.5 million new AMC shares for $230 million on Tuesday before later selling them at a profit.
  • AMC has been among the biggest gainers from a vigorous market battle since January involving both hedge funds and a new generation of social media centric small-time traders.
  • AMC has been among the biggest gainers from a vigorous market battle since January involving both hedge funds and a new generation of social media centric small-time traders.
Published 02 Jun, 2021 07:03pm